Extended-Stay Hotel with
For Sale
Contact for pricing
92 Commerce Street, Craig, CO 81625
IHG-branded lodging property with suite accommodations, guest amenities, and access to the US Highway 40 corridor.
Property SizeContact for details
Lot Size4.06 Acres
Days on Market10
Property Features for 92 Commerce Street
General Information
Standard status
Active
Lot size
4.06 Acres
Property subtype
Hospitality
Financials
Asking Price
$6,975,000
Cap Rate
10%
Business Included
Yes
Additional Details
Highway Access
Yes
Amenities
fully equipped kitchens
complimentary Wi-Fi
fitness facilities
free guest laundry
on-site market
outdoor grilling areas
Building Details
Year Built
2008
Listing Agency:
Keller Williams Advantage Realty, LLC
Listed By:
Spencer Haymond · License #FA.100109650.
Source:
Crexi
Added: Sep 2
Changed: Sep 9
Last Checked: Sep 10 at 8:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Advantage Realty, LLC
Investment Insights
Based on property information with market context.
Candlewood Suites Craig-Northwest is a 76-key extended-stay hotel at 92 Commerce Street in Craig, Colorado. Constructed in 2008 on approximately 4.06 acres, the IHG-branded property includes 56 Single Queen rooms, six Double Queen rooms, and 14 One-Bedroom Suites with pull-out couches. Every guestroom is described as having a fully equipped kitchen, supporting longer-duration accommodations.
On-site amenities include complimentary Wi-Fi, fitness facilities, guest laundry, a market, outdoor grilling areas, and complimentary parking sized for buses, trucks, and trailers. The hotel is positioned just off the US Highway 40 corridor and serves extended-stay, corporate, workforce, recreational, and transient demand in Northwest Colorado. The offering includes 2024, 2025, and trailing-12-month financials for investor review, along with a stated 10% cap rate.
On-site amenities include complimentary Wi-Fi, fitness facilities, guest laundry, a market, outdoor grilling areas, and complimentary parking sized for buses, trucks, and trailers. The hotel is positioned just off the US Highway 40 corridor and serves extended-stay, corporate, workforce, recreational, and transient demand in Northwest Colorado. The offering includes 2024, 2025, and trailing-12-month financials for investor review, along with a stated 10% cap rate.
Key Highlights
- 76‑key IHG‑branded extended‑stay hotel built in 2008
- Room mix includes 56 Single Queen, six Double Queen, and 14 One‑Bedroom Suites
- Approximately 4.06 acres at 92 Commerce Street in Craig, Colorado
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
131
Businesses Nearby
Explore this area
Business Placement
Demographics for 81625, CO
12,560
Population
5,667
Households
2.2
Avg Household Size
38
Median Age
21%
College-Educated
93%
High-School Grad
1,507.4 sq mi
ZIP Area
8
Density / Sq Mi
$73,649
Median Household Income
$43,764
Median Earnings
$1,059
Median Rent
$266,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - IHG-branded lodging property with suite accommodations, guest amenities, and access to the US Highway 40 corridor.
Where is this hotel located?
The property is located at 92 Commerce Street Craig, CO.
What is the asking price?
The asking price for this property is $6,975,000.
What are key features of this property?
This property features: 76‑key IHG‑branded extended‑stay hotel built in 2008; Room mix includes 56 Single Queen, six Double Queen, and 14 One‑Bedroom Suites; Approximately 4.06 acres at 92 Commerce Street in Craig, Colorado
